Europe Day Ahead: EU leaders to focus on Cyprus, not Italy

Mar. 13 - EU leaders summit likely to focus on Cyprus bailout plan. Watch out for Q4 jobs data from the euro zone and Greece. Earnings from Volkswagen and Eni

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-- a look at -- -- as key political and financial events yearly descend on Brussels for the start of the European council summit. It certainly will no doubt be on the minds of those attending the student -- But not much can be done if there's no government in Britain to deal -- -- that the spotlight is expected to forums Cyprus. One of the major things had been so that is the potential failure and the bank deposits and -- -- find the closest in Cypriot banks now. It seems like that -- of that has receded significantly. As German opposition has abated. Sorry I think the thinks it would look out for now it will be interesting news just well the talking with regards to Cypriot. Debt to GDP off following the -- and I'll say how far above a 120% of GDP will motivate. In Norway the country's Central Bank is seen leaving rates unchanged at one and a half percent. Plus ahead of the UK budget the British chambers of commerce annual conference in London brings businesses and politicians together. To debate what needs to be done to build a new mobile economy from Britain speakers include UK business minister Vince Cable. And Britain's opposition leader Ed Miliband. What's -- the latest reading on the European jobs market Thursday if numbers from the Euro zone show employment fell again in -- full. It may put more pressure on the ECB to cut rates further to jumpstart the economy. Milosevic Q4 unemployment numbers from Greece even though the jobless rate that fell in December for the first time since I awaits. The number of people out of work is still expected to remain high as the economy is seen shrinking a six consecutive -- In corporate news folks Morgan unveils more details of its -- profits this Thursday the German comic is likely to say how brands did individually. And give investors an update on first quarter sales this after reporting its highest ever operating profit for 2012. Plus expect -- annual profits from any Italian oil and gas major reported a 17%. Jump in Q4 earnings in February. And confirmed previous growth full cost of more than 3% for this year. That's our look ahead to Thursday don't forget to check house Paul one of our exclusive series with SAP co CEO Jim should not about. I caught up with him at CB ninety parent have over to told competition new business. And exactly what it is SEP doubts. I'm actually -- is his horses.

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